Wall Street indicators meet their levels despite the poor economic data

US Treasury bonds have risen after the weaker economic statements are expected to speculate that the Federal Reserve will lower the interest rate at least twice this year to avoid economic recession. The shrinkage in the US service sector and the slowdown of employment has led to a decrease in connections along the curve. The exchangers price two reduction in interest rates by federalism in October and December, while the risk of the federal move in September has risen to more than 90%. On the other hand, the US dollar has fallen. As for the S&B 500, it remained unchanged, with the superiority of defense sectors such as healthcare and communication, on the market in general. The contraction of the activity and the concern of the markets, ‘Big Book’, issued by the Federal Reserve, indicated that economic activity in the United States has decreased slightly over the past few weeks, indicating that customs duties and the highly certain condition of security are increasingly affecting the economy. The services index of the “Supply Management Institute” decreased below 50 points, separating the extension and contraction. Private sector salaries have risen to the lowest level in two years. “The market is likely to look at this data from the perspective of disappointment in real growth.” He added: “Although this is good news for the US economy in terms of the possibility of reducing monetary policy, the preceding improvement in equities and credit returns may be subjected to pressure as a result of this series of poor numbers.” The work report scheduled for Friday is expected to show a slowdown in the growth of non -agricultural posts, while the unemployment rate remains stable. The most prominent news of the companies has warned the company “Dollary Terry” investors that the second quarter profits could fall by up to 50% compared to last year, due to the costs associated with customs duties. Wells Vargo Bank recently managed to get out of the roof of the roof of the assets imposed by the Federal Reserve for more than seven years, which ended an unprecedented penalty, in a major victory for CEO Charlie Scharf. The bank’s shares jumped. The company, “Craodystra, Holdings”, announced that the US authorities have requested information related to the registration of some of its transactions with agents, and the company that specializes in cyber security said it is working with the investigation. The first public offering process of the company “Circle Internet Group” is expected to be expected to be priced over the specified marketing series, after receiving more than 25 times the offer in the extensive agreement, according to people who are familiar.

Exit mobile version